The polyester chip market in November showed a trend of first fall and then steady. At the beginning of the month, the polyester raw material surface continued to decline, and the price of polyester chip was dropping all the way. In the middle of the month, the profit of enterprises was significantly tightened to a loss. Downstream slicing spinning started to decline significantly compared with the same period last year, and the local start-up load dropped to 4-7. The procurement of chips was expected to be cautious. Until the end of the month, a number of PTA devices were restarted, and the new two phase 1 million 100 thousand device was put into production, and the market supply of raw materials increased further.

The purchasing intention of the downstream is even more light. In view of the low overall inventory of the polyester chip enterprises and the continuous loss of cash flow, the market is stable and wait-and-see.